Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
Rita Morgan Charitable Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)17111 Biscayne Blvd Unit 2210
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
North Miami Beach, FL33160
A Employer identification number

81-4807744
B Telephone number (see instructions)

(305) 232-8477
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$3,584,446J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 127,912 127,912  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 34,765
b Gross sales price for all assets on line 6a 2,679,921
7 Capital gain net income (from Part IV, line 2)... 34,765
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 3,637 3,637  
12 Total. Add lines 1 through 11........ 166,314 166,314  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 2,430 0   0
b Accounting fees (attach schedule)....... Click to see attachment 6,163 0   0
c Other professional fees (attach schedule).... Click to see attachment 27,393 0   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 35,986 0   0
25 Contributions, gifts, grants paid....... 314,851 314,851
26 Total expenses and disbursements. Add lines 24 and 25 350,837 0   314,851
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -184,523
b Net investment income (if negative, enter -0-) 166,314
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1    
2 Savings and temporary cash investments......... 204,389 95,122 95,122
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 684,467 Click to see attachment351,556 307,956
c Investments—corporate bonds (attach schedule)....... 1,001,811 Click to see attachment1,176,297 1,189,395
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,280,190 Click to see attachment1,357,841 1,921,031
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment34,000 Click to see attachment70,942 Click to see attachment70,942
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,204,858 3,051,758 3,584,446
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 3,204,858 3,051,758
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 3,204,858 3,051,758
30 Total liabilities and net assets/fund balances (see instructions). 3,204,858 3,051,758
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
3,204,858
2
Enter amount from Part I, line 27a .....................
2
-184,523
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
31,423
4
Add lines 1, 2, and 3 ..........................
4
3,051,758
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,051,758
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Advent Convertible & Income Fd / CUSIP: 00764C109 P 2020-03-19 2020-09-17
b Annaly Capital Management, Inc / CUSIP: XXX-XX-XXXX P 2020-06-16 2020-12-23
c Buckeye Partnerts LP / CUSIP: 118230AK7 P 2019-06-11 2020-04-29
d Calamos Conv & High Income Fund Com Shs / CUSIP: 12811P108 P 2020-03-19 2020-09-17
e Columbia Mortgage Opportunities Fund Inst / CUSIP: 19764F755 P 2019-07-16 2020-03-13
Federated Hermes Interm Corp Bd Instl Shrs / CUSIP: 31420C407 P 2020-03-04 2020-03-16
iCahn Enterprises, LP / CUSIP: 451102BF3 P 2019-05-30 2020-02-03
iShares Tr Pfd and Incm Sec / CUSIP: XXX-XX-XXXX P 2020-03-19 2020-09-24
Janus Henderson Multi Sector Income Fd Cl I / CUSIP: 47103D512 P 2019-05-01 2020-03-11
Catalyst/CIFC Floating Rate Income Fund Class I / CUSIP: 62827M888 P 2020-01-14 2020-03-24
New Residential Invt Corporation / CUSIP: 64828T508 P 2020-03-18 2020-04-30
Nuveen Preferred & Incm Securities FD / CUSIP: 67072C105 P 2020-03-19 2020-05-20
Pimco Extended Duration Fund Class I2 / CUSIP: 72201M388 P   2020-03-02
PGIM Short Term Corporate Bond Fund Cls Z / CUSIP: 74441R508 P 2020-03-04 2020-03-16
Putnam Mortgage Opportunities Fund Class Y / CUSIP: 74676A477 P 2020-02-10 2020-03-11
Ready Capital Corporation REIT / CUSIP: 75574U101 P 2020-03-30 2020-09-25
Vaneck Vectors Fallen Angel High Yield Bond ETF / CUSIP: 92189F437 P 2019-09-23 2020-03-11
Vanguard Ultra-Short-Term Bond FD Admiral / CUSIP: XXX-XX-XXXX P   2020-12-07
Zillow Group Inc Glbl Coco 23 Convertible to 6/29/23 ISIN / CUSIP: 989554MAC P 2019-09-09 2020-02-06
Angel Oak Financials Income Fund Class I / CUSIP: 03463K208 P 2018-12-26 2020-03-16
Columbia Mortgage Opportunities Fund Inst / CUSIP: 19764F755 P 2018-12-18 2020-03-13
Fidelity Advisor Convertible Securities Fund Class I / CUSIP: XXX-XX-XXXX P 2019-07-16 2020-09-24
Goldman Sachs Group, Inc / CUSIP: 38141GWU4 P 2018-12-10 2020-03-16
New Residential Invt Corporation Com New REIT / CUSIP: 64828T201 P 2018-12-18 2020-03-11
Oaktree Strategic Income Corporation / CUSIP: 67402D104 P 2018-01-08 2020-09-24
Pennymac Corp Conv / CUSIP: 70932AAB9 P 2018-12-10 2020-05-01
Ready Capital Corporation REIT / CUSIP: 75574U101 P   2020-09-25
Seagate HDD Cayman / CUSIP: 81180WAV3 P 2018-11-29 2020-04-01
Blue Cap Reins Hldgs Limited (Bermuda) / CUSIP: G1190F107 P 2017-12-01 2020-04-08
Activision Blizzard Inc / CUSIP: 00507V109 P 2019-10-21 2020-09-09
Apple Inc / CUSIP: XXX-XX-XXXX P 2020-03-11 2020-09-23
Bank of America Corp / CUSIP: XXX-XX-XXXX P 2020-04-27 2020-07-01
Baozun Inc Unspon ADR / CUSIP: 06684L103 P 2020-02-13 2020-03-16
Baxter International Inc / CUSIP: XXX-XX-XXXX P 2020-05-28 2020-07-31
Boeing Co / CUSIP: XXX-XX-XXXX P   2020-09-23
Bristol-Myers Rts / CUSIP: XXX-XX-XXXX P 2019-11-21 2020-09-03
CVS Health Corporation / CUSIP: XXX-XX-XXXX P 2020-08-10 2020-09-23
Constellation Brands Inc Cl A / CUSIP: 21036P108 P 2020-04-27 2020-08-10
Eog Resources Inc / CUSIP: 26875P101 P 2020-04-06 2020-04-15
Exxon Mobil Corp / CUSIP: 30231G102 P   2020-03-05
Fedex Corporation / CUSIP: 31428X106 P 2020-03-09 2020-04-15
iShares ETF 1-3 Yr Treasury Bond / CUSIP: XXX-XX-XXXX P   2020-04-27
iShares ETF Short Treasury Bond / CUSIP: XXX-XX-XXXX P 2020-05-06 2020-05-28
Lululemon Athletica Inc / CUSIP: XXX-XX-XXXX P 2020-03-10 2020-03-16
Newmont Corp / CUSIP: XXX-XX-XXXX P 2020-09-09 2020-12-14
Oracle Corporation / CUSIP: 68389X105 P   2020-03-02
RH / CUSIP: 74967X103 P 2020-03-02 2020-03-09
Shopify Inc Cl A / CUSIP: 82509L107 P 2020-03-17 2020-09-23
Simon Property Group REIT Inc New / CUSIP: XXX-XX-XXXX P 2020-04-06 2020-04-21
Starbucks Corp / CUSIP: XXX-XX-XXXX P 2019-10-03 2020-03-06
State Str Corp / CUSIP: XXX-XX-XXXX P 2019-10-21 2020-03-09
Tapestry Inc / CUSIP: XXX-XX-XXXX P 2019-10-21 2020-03-05
3M Co / CUSIP: 88579Y101 P 2020-04-27 2020-08-25
Tripadvisor Inc / CUSIP: XXX-XX-XXXX P 2019-12-12 2020-03-05
US Bancorp New / CUSIP: XXX-XX-XXXX P 2020-03-09 2020-04-02
Walgreens Boots Alliance Inc / CUSIP: XXX-XX-XXXX P 2019-10-01 2020-03-27
Zoom Video Communications Inc Cl A / CUSIP: 98980L101 P 2020-03-10 2020-09-03
Alergan Plc / CUSIP: G0177J108 P 2019-10-21 2020-03-27
AT&T Inc / CUSIP: 00206R102 P   2020-02-13
Abbvie Inc / CUSIP: 00287Y109 P 2019-04-24 2020-10-15
Alibaba Grp Holding Adr Ltd Spon / CUSIP: 01609W102 P 2018-05-08 2020-09-03
Alphabet Inc Voting Cap Stk Cl A / CUSIP: 02079K305 P 2019-10-11 2020-11-13
Amazon Com Inc / CUSIP: XXX-XX-XXXX P 2018-05-08 2020-09-23
AmerisourceBergen Corp / CUSIP: 03073E105 P   2020-05-15
Broadcom Inc / CUSIP: 11135F101 P 2018-12-26 2020-09-09
CBOE Glogal Markets in / CUSIP: 12503M108 P 2018-08-07 2020-05-01
CVS Health Corporation / CUSIP: XXX-XX-XXXX P   2020-05-01
Campbell Soup Company / CUSIP: XXX-XX-XXXX P   2020-02-13
Cardinal Health Inc / CUSIP: 14149Y108 P 2018-07-30 2020-04-21
Comcast Corp New Cl A / CUSIP: 20030N101 P 2018-05-14 2020-05-06
Facebook Inc Class A / CUSIP: 30303M102 P   2020-09-03
Goldman Sachs Group Inc / CUSIP: 38141G104 P 2018-12-26 2020-04-21
Netease Inc ADR / CUSIP: 64110W102 P 2018-05-31 2020-05-06
Toll Brothers / CUSIP: XXX-XX-XXXX P   2020-03-16
United Parcel Service-B / CUSIP: XXX-XX-XXXX P 2018-12-06 2020-03-09
AT&T Inc / CUSIP: 00206R102 P 2019-05-09 2020-04-29
Disney Walt Company / CUSIP: XXX-XX-XXXX P 2020-04-29 2020-05-28
Fedex Corporation / CUSIP: 31428X106 P 2020-03-25 2020-12-23
HP Inc / CUSIP: 40434L105 P 2020-04-08 2020-11-11
Boeing Co / CUSIP: XXX-XX-XXXX P 2018-05-14 2020-03-25
Intel Corp / CUSIP: XXX-XX-XXXX P 2019-07-23 2020-10-23
International Business Machine Corp / CUSIP: XXX-XX-XXXX P 2019-07-23 2020-09-25
Nextera Energy Inc / CUSIP: 65339F101 P 2018-05-14 2020-03-25
Omnicom Group / CUSIP: XXX-XX-XXXX P 2018-05-14 2020-04-08
State Str Corp / CUSIP: XXX-XX-XXXX P 2019-05-09 2020-10-30
TJX Cos Inc New / CUSIP: XXX-XX-XXXX P 2018-05-14 2020-05-13
Tyson Foods Inc Cl A / CUSIP: XXX-XX-XXXX P 2019-01-07 2020-06-17
Walgreens Boots Alliance Inc / CUSIP: XXX-XX-XXXX P 2019-03-06 2020-04-08
Wynn Resorts Ltd / CUSIP: XXX-XX-XXXX P 2019-01-07 2020-03-25
Yum Brands Inc / CUSIP: XXX-XX-XXXX P 2018-11-06 2020-04-08
Royal Caribbena Cruises Ltd / CUSIP: V7780T103 P 2018-05-14 2020-03-25
Amazon Com Inc / CUSIP: XXX-XX-XXXX P 2020-03-02 2020-09-23
Amgen Inc / CUSIP: XXX-XX-XXXX P 2019-10-04 2020-04-15
Apple Inc / CUSIP: XXX-XX-XXXX P 2020-03-11 2020-09-23
Archer-Daniels-Midlnd Co / CUSIP: XXX-XX-XXXX P 2019-10-21 2020-03-09
Cigna Corp New / CUSIP: XXX-XX-XXXX P 2020-03-02 2020-04-02
Chevron Corporation / CUSIP: XXX-XX-XXXX P 2020-06-15 2020-07-31
Cisco Systems Inc / CUSIP: 17275R102 P 2020-03-10 2020-04-21
Duke Energy Corp Com New / CUSIP: 26441C204 P 2020-04-27 2020-06-24
Facebook Inc Class A / CUSIP: 30303M102 P 2020-03-11 2020-09-03
Fedex Corporation / CUSIP: 31428X106 P 2020-03-09 2020-05-01
Intel Corp / CUSIP: XXX-XX-XXXX P   2020-10-15
iShares ETF 1-3 Yr Treasury Bond / CUSIP: XXX-XX-XXXX P   2020-05-15
iShares ETF Short Treasury Bond / CUSIP: XXX-XX-XXXX P 2020-05-06 2020-05-18
JPMorgan Chase & Co / CUSIP: 46625H100 P 2019-10-03 2020-03-09
Northern Trust Corp / CUSIP: XXX-XX-XXXX P 2020-03-09 2020-07-20
Oneok Inc New / CUSIP: XXX-XX-XXXX P 2019-10-03 2020-03-06
Phillips 66 / CUSIP: XXX-XX-XXXX P 2020-04-06 2020-04-15
Prologis Inc / CUSIP: 74340W103 P 2020-07-20 2020-10-26
Walgreens Boots Alliance Inc / CUSIP: XXX-XX-XXXX P 2019-04-24 2020-03-27
Waste Mgmt Inc Del / CUSIP: 94106L109 P 2020-04-27 2020-07-20
Medtronic Plc / CUSIP: G5960L103 P 2019-10-03 2020-03-06
AT&T Inc / CUSIP: 00206R102 P   2020-04-21
Ambev SA Sponsored Adr / CUSIP: 02319V103 P   2020-03-02
Campbell Soup Company / CUSIP: XXX-XX-XXXX P 2018-05-31 2020-09-23
China Life Insurance Co ADR / CUSIP: 16939P106 P   2020-03-27
Coca-Cola Bottlg Co Cons / CUSIP: XXX-XX-XXXX P 2018-05-31 2020-06-24
Exxon Mobil Corp / CUSIP: 30231G102 P 2019-01-30 2020-09-09
Global X Funds ETF Superdividend US / CUSIP: 37950E291 P 2018-05-08 2020-03-05
Goldman Sachs Group Inc / CUSIP: 38141G104 P 2018-12-26 2020-04-02
McKesson Corporation / CUSIP: 58155Q103 P 2018-07-30 2020-04-15
Netease Inc ADR / CUSIP: 64110W102 P 2018-09-05 2020-05-06
Preferred Apartment Communities Inc / CUSIP: 74039L103 P 2018-05-08 2020-03-27
Proassurance Corp / CUSIP: 74267C106 P 2018-06-21 2020-03-02
United Parcel Service-B / CUSIP: XXX-XX-XXXX P 2018-12-26 2020-03-09
Vodafone Group Plc New Sponsored ADR no Par / CUSIP: 92857W308 P 2018-09-05 2020-03-02
Wesco Aircraft Holdinchg Inc / CUSIP: XXX-XX-XXXX P 2018-05-08 2020-01-09
Banco Santander Brasil SA - ADS Repstg 1 Unit / CUSIP: 05967A107 P 2019-12-13 2020-03-18
Carnival Plc ADR / CUSIP: 14365C103 P 2019-12-13 2020-06-10
Cia Saneamento Basico DE - ADR / CUSIP: 20441A102 P 2019-12-13 2020-12-02
Equinor Asa ADR Sponsored / CUSIP: 29446M102 P 2019-12-13 2020-12-02
HSBC Holdings Plc - Spon ADR / CUSIP: XXX-XX-XXXX P 2019-12-13 2020-06-10
Telefonica Brasil SA Spon ADR / CUSIP: 87936R205 P 2019-12-13 2020-12-02
Total SE ADR / CUSIP: 89151E109 P 2019-12-13 2020-12-02
Lyondellbasell Industries AF SCA / CUSIP: N53745100 P 2019-12-13 2020-12-02
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 54,898   33,818 21,080
b 31,250   30,911 339
c 18,550   18,800 -250
d 48,630   25,395 23,235
e 29,498   30,000 -502
19,103   20,000 -897
40,000   40,565 -565
31,167   24,048 7,119
40,082   39,954 128
28,934   36,000 -7,066
16,442   9,704 6,738
99,299   77,763 21,536
69,112   58,951 10,161
19,168   20,000 -832
19,147   19,995 -848
2,247   1,240 1,007
35,431   38,358 -2,927
291,168   290,669 499
20,000   18,149 1,851
50,538   50,000 538
101,363   100,000 1,363
23,870   20,000 3,870
18,635   19,364 -729
45,936   49,475 -3,539
48,841   58,130 -9,289
40,000   39,900 100
45,797   60,743 -14,946
13,895   13,579 316
3,682   11,581 -7,899
12,563   8,867 3,696
5,790   3,726 2,064
13,659   13,703 -44
11,353   15,174 -3,821
14,610   14,763 -153
19,599   18,323 1,276
281   232 49
14,960   17,081 -2,121
14,563   13,789 774
7,967   7,861 106
14,380   19,552 -5,172
13,907   13,529 378
84,882   84,927 -45
22,272   22,273 -1
8,839   12,629 -3,790
8,904   10,423 -1,519
8,453   9,266 -813
10,723   13,718 -2,995
16,683   5,927 10,756
7,893   7,924 -31
11,443   12,934 -1,491
7,275   8,966 -1,691
7,501   8,894 -1,393
14,536   13,695 841
6,978   9,434 -2,456
11,937   13,514 -1,577
7,324   8,927 -1,603
14,714   5,247 9,467
8,933   8,911 22
24,253   19,006 5,247
9,725   8,993 732
7,100   4,899 2,201
5,318   3,676 1,642
12,002   6,356 5,646
10,380   9,585 795
10,944   7,557 3,387
4,790   4,778 12
15,362   15,557 -195
19,543   13,886 5,657
4,594   4,767 -173
4,905   4,426 479
13,887   8,599 5,288
16,729   16,540 189
17,329   11,551 5,778
8,017   14,186 -6,169
7,382   9,030 -1,648
17,791   17,238 553
18,489   17,120 1,369
10,559   4,507 6,052
17,160   14,026 3,134
6,868   16,107 -9,239
16,633   17,854 -1,221
9,851   12,591 -2,740
16,319   11,402 4,917
11,768   16,400 -4,632
15,463   17,214 -1,751
17,320   16,192 1,128
17,854   15,722 2,132
11,685   16,705 -5,020
9,886   15,538 -5,652
13,556   16,517 -2,961
5,685   16,351 -10,666
6,001   3,867 2,134
20,309   17,773 2,536
6,135   3,864 2,271
15,984   18,120 -2,136
14,737   16,970 -2,233
7,970   8,796 -826
16,665   16,236 429
16,433   17,721 -1,288
5,474   3,234 2,240
15,445   15,279 166
28,214   28,841 -627
98,500   98,540 -40
17,398   17,397 1
14,872   17,679 -2,807
16,298   15,040 1,258
61   70 -9
7,812   7,888 -76
5,320   5,031 289
7,908   9,425 -1,517
18,627   17,739 888
16,296   17,727 -1,431
22,401   21,861 540
14,287   17,835 -3,548
12,519   9,250 3,269
12,972   15,297 -2,325
16,742   9,286 7,456
4,824   9,035 -4,211
13,783   16,272 -2,489
14,873   17,177 -2,304
10,658   9,692 966
17,329   9,481 7,848
4,495   7,674 -3,179
7,433   9,834 -2,401
12,127   13,976 -1,849
7,698   9,551 -1,853
5,083   4,727 356
2,366   5,095 -2,729
2,018   5,094 -3,076
3,287   5,129 -1,842
4,374   5,102 -728
3,400   5,108 -1,708
3,136   5,058 -1,922
4,214   5,111 -897
4,691   5,097 -406
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       21,080
b       339
c       -250
d       23,235
e       -502
      -897
      -565
      7,119
      128
      -7,066
      6,738
      21,536
      10,161
      -832
      -848
      1,007
      -2,927
      499
      1,851
      538
      1,363
      3,870
      -729
      -3,539
      -9,289
      100
      -14,946
      316
      -7,899
      3,696
      2,064
      -44
      -3,821
      -153
      1,276
      49
      -2,121
      774
      106
      -5,172
      378
      -45
      -1
      -3,790
      -1,519
      -813
      -2,995
      10,756
      -31
      -1,491
      -1,691
      -1,393
      841
      -2,456
      -1,577
      -1,603
      9,467
      22
      5,247
      732
      2,201
      1,642
      5,646
      795
      3,387
      12
      -195
      5,657
      -173
      479
      5,288
      189
      5,778
      -6,169
      -1,648
      553
      1,369
      6,052
      3,134
      -9,239
      -1,221
      -2,740
      4,917
      -4,632
      -1,751
      1,128
      2,132
      -5,020
      -5,652
      -2,961
      -10,666
      2,134
      2,536
      2,271
      -2,136
      -2,233
      -826
      429
      -1,288
      2,240
      166
      -627
      -40
      1
      -2,807
      1,258
      -9
      -76
      289
      -1,517
      888
      -1,431
      540
      -3,548
      3,269
      -2,325
      7,456
      -4,211
      -2,489
      -2,304
      966
      7,848
      -3,179
      -2,401
      -1,849
      -1,853
      356
      -2,729
      -3,076
      -1,842
      -728
      -1,708
      -1,922
      -897
      -406
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 34,765
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 2,312
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 2,312
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,312
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 22
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,334
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletFL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletn/a
    14
    The books are in care ofbulletDr Christopher Clark Telephone no.bullet (305) 448-9022

    Located atbullet17111 Biscayne Blvd Unit 2210North Miami BeachFL ZIP+4bullet33160
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Dr Christopher Clark Trustee
    5.00     		0 0 0
    17111 Biscayne Blvd Unit 2210
    North Miami Beach,FL33160
    Sanford J Nusbaum Trustee
    5.00     		0 0 0
    17111 Biscayne Blvd Unit 2210
    North Miami Beach,FL33160
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,105,814
    b
    Average of monthly cash balances.......................
    1b
    55,641
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,161,455
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,161,455
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    47,422
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,114,033
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    155,702
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    155,702
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    2,312
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,312
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    153,390
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    153,390
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    153,390
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    314,851
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    314,851
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    314,851
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 153,390
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017...... 107,365
    d From 2018...... 18,465
    e From 2019...... 128,799
    fTotal of lines 3a through e........ 254,629
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 314,851
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 153,390
    e Remaining amount distributed out of corpus 161,461
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 416,090
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		416,090
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017.... 107,365
    c Excess from 2018.... 18,465
    d Excess from 2019.... 128,799
    e Excess from 2020.... 161,461
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    University of Miami - Athletic Directors Fund
    PO Box 248073
    Coral Gables,FL33124     		  PC Unrestricted 31,000
    Temple Sinai of N Dade
    18801 NE 22nd Avenue
    Miami,FL33180     		  PC Temple Endowment Fund 2,051
    Millhill Child & Family Development
    101 Oakland Street
    Trenton,NJ08618     		  PC Development Fund 5,000
    Raam Raj Foundation
    PO Box 2092
    Fairfield,IA52556     		  PC Unrestricted 37,500
    Seeds of the Heaven
    500 N 3rd Street Suite 105
    Fairfield,IA52556     		  PC Unrestricted 1,000
    Brahmanda Saraswati Foundation
    1750 Maharishi Center Ave
    Maharishi Vedic City,IA52556     		  PC Unrestricted 64,550
    National Audobon
    225 Varick Street
    New York,NY10014     		  PC Unrestricted 500
    St Judes Foundation
    262 Danny Thomas Place
    Memphis,TN38105     		  PC Unrestricted 1,000
    UNICEF USA
    125 Maiden Lane
    New York,NY10038     		  PC Unrestricted 1,050
    Maharishi Glogal
    1750 Maharishi Center Ave
    Maharishi Vedic City,IA52556     		  PC Unrestricted 250
    Insight For The Blind
    1401 NE 4th Ave
    Ft Lauderdale,FL33304     		  PC Unrestricted 1,000
    Miami Dade College Book Fair
    600 Biscayne Blvd
    Miami,FL33132     		  PC UnrestrictedUnrestricted 11,000
    Jewish Community Free Clinic
    50 Montgomery Drive
    Santa Rosa,CA95404     		  PC Unrestricted 1,000
    Maharishi School
    Dr Robert Keith Wallace Drive
    Fairfield,IA52556     		  PC Unrestricted 5,500
    Redwood Empire Food Bank
    3990 Brickway Blvd
    Santa Rosa,CA95403     		  PC Unrestricted 3,000
    ASCOVIME
    800 Sturbridge Ln
    Bowie,MD20716     		  PC Unrestricted 1,000
    Cadena Foundation
    2719 Hollywood Blvd
    Hollywood,FL33020     		  PC COVID-19 Fund 2,500
    Actor's Playhouse
    280 Miracle Mile
    Coral Gables,FL33134     		  PC Endowment Fund 11,750
    Pat Conroy Literary Center
    905 Port Republic St
    Beaufort,SC29902     		  PC Unrestricted 5,000
    Community Food Bank of New Jersey
    6735 Black Horse Pike
    Egg Harbor Twp,NJ08234     		  PC Unrestricted 7,300
    Miami Dolphins Foundation
    347 Don Shula Drive
    Miami Gardens,FL33056     		  PC Unrestricted 50,000
    Adopt A Native Elder
    328 West Gregson Avenue
    Salt Lake City,UT84115     		  PC Unrestricted 1,000
    American Diabetes Association
    2451 Crystal Drive Suite 900
    Arlington,VA22202     		  PC Unrestricted 100
    Animal Rescue Recon
    PO Box 638
    Oakley,CA945610638     		  PC Unrestricted 1,000
    Bridges Outreach
    PO Box 1444
    Summit,NJ07901     		  PC Unrestricted 1,050
    Broadway Cares
    165 West 46th Street 1300
    New York,NY10036     		  PC Broadway Cares/Equity Fights AIDS165 West 46th Street, #1300Unrestricted 2,580
    Centurion
    1000 Herrontown Rd
    Princeton,NJ08540     		  PC Unrestricted 1,000
    Dharma Foundation
    PO Box 168
    Fairfield,IA525560003     		  PC Unrestricted 10,500
    Equal Justice Initiative
    122 Commerce Street
    Montgomery,AL36104     		  PC Unrestricted 2,000
    First Book
    1319 F Street NW Suite 1000
    Washington,DC20004     		  PC Unrestricted 1,020
    Greater Miami Jewish Federation
    4200 Biscayne Blvd
    Miami,FL33137     		  PC Unrestricted 1,000
    Inner City Anglers
    13005 Keverton Dr
    Uppr Marlboro,MD207741839     		  PC Unrestricted 1,000
    Maharishi International University
    1000 N 4th Street
    Fairfield,IA525570001     		  PC Unrestricted 8,000
    Herald Charities - Wish Book
    3511 NW 91st Avenue
    Miami,FL33172     		  PC Unrestricted 1,000
    Montgomery PBA Charitable Fund
    PO Box 1211
    Belle Mead,NJ085026211     		  PC Unrestricted 700
    Myasthenia Gravis Foundation of California
    6055 E Washington Blvd Suite 350
    Commerce,CA900402479     		  pPC Unrestricted 250
    National Comedy Center
    PO Box 69
    Jameston,NY147020069     		  PC Unrestricted 1,000
    Hopewell Theatre
    702 Mahoning Avenue
    Youngstown,OH445021406     		  PC Unrestricted 500
    Share Our Strength - No Kid Hungry
    PO Box 75475
    Baltimore,MD212755475     		  PC Unrestricted 200
    Princeton Medical Center Foundation
    102A Rike Dr
    Millstone Twp,NJ085358544     		  PC Unrestricted 1,000
    Rotary Club of Coral Springs
    1001 Old Club Road
    Parkland,FL33076     		  PC Unrestricted 500
    Sacred Sun Ministries
    2581 Glasgow Rd
    Fairfield,IA525568543     		  PC Unrestricted 20,000
    SAVE A Friend to Homeless Animals
    1010 Route 601
    Skillman,NJ08558     		  PC Unrestricted 2,500
    Shake-A-Leg Miami
    2620 South Bayshore Drive
    Miami,FL33133     		  PC Unrestricted 1,000
    Share My Meals
    252 Nassau Street
    Princeton,NJ085424600     		  PC Unrestricted 2,500
    Simonton Cancer Counseling Center Charitable Trust
    PO Box 6607
    Malibu,CA902646607     		  PC Unrestricted 7,500
    Temple Solel
    5100 Sheridan Street
    Hollywood,FL33021     		  PC Unrestricted 500
    Book Industry Charitable Foundation
    3135 S State Street Suite 203
    Ann Arbor,MI481081653     		  PC Unrestricted 500
    The Humane Society
    7901 4th Street N Suite 300
    St Petersburg,FL337024399     		  PC Unrestricted 500
    WhyHunger
    505 Eighth Avenue Suite 2100
    New York,NY10018     		  PC Unrestricted 1,000
    Memorial Sloan Kettering Cancer Center
    1919 Madison Avenue
    New York,NY100352745     		  PC Unrestricted 500
    Total .................................bullet 3a 314,851
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....         127,912
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....         3,637
    8 Gain or (loss) from sales of assets other than
    inventory ............     		        34,765
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 0 166,314
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    166,314
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    4 None, other than providing funds for the foundation's exempt purposes
    7 None, other than providing funds for the foundation's exempt purposes
    8 None, other than providing funds for the foundation's exempt purposes
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    Rita Morgan Charitable Foundation Inc
    EIN:
    81-4807744
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Tax Preparation Fees 6,163 0   0

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    Rita Morgan Charitable Foundation Inc
    EIN:
    81-4807744
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Raymond James - Fixed Income 1,176,297 1,189,395

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Rita Morgan Charitable Foundation Inc
    EIN:
    81-4807744
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Raymond James - Equity Funds 102,933 115,305
    Raymond James - Mutual Funds 248,623 192,651

    TY 2020 InvestmentsOtherSchedule2
    Name:
    Rita Morgan Charitable Foundation Inc
    EIN:
    81-4807744
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Wells Fargo 8372 AT COST 411,475 531,382
    Wells Fargo 9885 AT COST 401,502 535,479
    Wells Fargo 0528 AT COST 141,480 163,947
    Wells Fargo 3625 AT COST 331,242 589,134
    Raymond James - ETFs AT COST 72,142 101,089

    TY 2020 LegalFeesSchedule
    Name:
    Rita Morgan Charitable Foundation Inc
    EIN:
    81-4807744
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal Fees 2,430 0   0


    TY 2020 OtherAssetsSchedule
    Name:
    Rita Morgan Charitable Foundation Inc
    EIN:
    81-4807744
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Landmark Infrastructure Partners, LP 34,000 34,200 34,200
    Brookfield Property Partners, LP   21,518 21,518
    Oaktree Capital Group, LLC   15,224 15,224


    TY 2020 OtherIncomeSchedule2
    Name:
    Rita Morgan Charitable Foundation Inc
    EIN:
    81-4807744
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Raymond James - Other Income 3,637 3,637 3,637


    TY 2020 OtherIncreasesSchedule
    Name:
    Rita Morgan Charitable Foundation Inc
    EIN:
    81-4807744
    Description Amount
    Other gains 31,423


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Rita Morgan Charitable Foundation Inc
    EIN:
    81-4807744
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Fees 27,393 0   0